$BTC
🔥Current price and trend: The BTC/USDT pair is trading at $81,248.01, down 2.42% over the past 24 hours.
💸Moving averages (EMA): The price is moving near the 7-period moving average at 81,022.95, while the longer moving averages (25 and 99) are below the price at 76,053.26 and 78,996.47.
🚀Support and resistance: Nearby support is indicated by the lower moving average lines, while resistance is seen at the previous high near 87,395.67.
⚡Technical outlook: The current movement is a downward correction following the recent rally, while the overall structure remains tilted to the upside as long as the price stays above the key moving averages.
#TradersBetOnThreeMoreFedHikes
🔥Current price and trend: The BTC/USDT pair is trading at $81,248.01, down 2.42% over the past 24 hours.
💸Moving averages (EMA): The price is moving near the 7-period moving average at 81,022.95, while the longer moving averages (25 and 99) are below the price at 76,053.26 and 78,996.47.
🚀Support and resistance: Nearby support is indicated by the lower moving average lines, while resistance is seen at the previous high near 87,395.67.
⚡Technical outlook: The current movement is a downward correction following the recent rally, while the overall structure remains tilted to the upside as long as the price stays above the key moving averages.
#TradersBetOnThreeMoreFedHikes